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DEBT - Schedule of Debt Outstanding (Details) | Sep. 30, 2024 USD ($) | Sep. 30, 2024 EUR (€) | Aug. 16, 2024 USD ($) | Aug. 07, 2024 USD ($) | Dec. 31, 2023 USD ($)
--- | --- | --- | --- | --- | ---
Long-term debt |  |  |  |  |
Total long-term debt | $ 4,533,000,000 |  |  |  | $ 3,710,000,000
Less: current portion | 338,000,000 |  |  |  | 3,000,000
Long-term debt, net of current portion | 4,195,000,000 |  |  |  | 3,707,000,000
Notes fair value step-up | 11,000,000 |  |  |  | 24,000,000
Senior Notes | 3.375% Senior notes due 03/15/25 ($334 million par value) |  |  |  |  |
Long-term debt |  |  |  |  |
Long-term debt | $ 334,000,000 |  |  |  | 384,000,000
Debt instrument stated interest rate | 3.375% | 3.375% |  | 3.375% |
Debt instrument face value | $ 334,000,000 |  |  | $ 50,000,000 |
Senior Notes | 5.000% Senior notes due 10/01/25 ($453 million par value) |  |  |  |  |
Long-term debt |  |  |  |  |
Long-term debt | $ 354,000,000 |  |  |  | 477,000,000
Debt instrument stated interest rate | 5.00% | 5.00% |  | 5.00% |
Debt instrument face value | $ 343,000,000 |  |  | $ 110,000,000 |
Senior Notes | 2.650% Senior notes due 07/01/27 ($1,100 million par value) |  |  |  |  |
Long-term debt |  |  |  |  |
Long-term debt | $ 1,095,000,000 |  |  |  | 1,093,000,000
Debt instrument stated interest rate | 2.65% | 2.65% |  |  |
Debt instrument face value | $ 1,100,000,000 |  |  |  |
Senior Notes | 7.125% Senior notes due 02/15/29 ($121 million par value) |  |  |  |  |
Long-term debt |  |  |  |  |
Long-term debt | $ 120,000,000 |  |  |  | 120,000,000
Debt instrument stated interest rate | 7.125% | 7.125% |  |  |
Debt instrument face value | $ 121,000,000 |  |  |  |
Senior Notes | 4.950% Senior notes due 08/15/29 ($500 million par value) |  |  |  |  |
Long-term debt |  |  |  |  |
Long-term debt | $ 495,000,000 |  |  |  | 0
Debt instrument stated interest rate | 4.95% | 4.95% | 4.95% |  |
Debt instrument face value | $ 500,000,000 |  | $ 500,000,000 |  |
Senior Notes | 1.000% Senior notes due 05/19/31 (€1,000 million par value) |  |  |  |  |
Long-term debt |  |  |  |  |
Long-term debt | $ 1,099,000,000 |  |  |  | 1,088,000,000
Debt instrument stated interest rate | 1.00% | 1.00% |  |  |
Debt instrument face value | € |  | € 1,000,000,000 |  |  |
Senior Notes | 5.400% Senior notes due 08/15/34 ($500 million par value) |  |  |  |  |
Long-term debt |  |  |  |  |
Long-term debt | $ 493,000,000 |  |  |  | 0
Debt instrument stated interest rate | 5.40% | 5.40% | 5.40% |  |
Debt instrument face value | $ 500,000,000 |  | $ 500,000,000 |  |
Senior Notes | 4.375% Senior notes due 03/15/45 ($500 million par value) |  |  |  |  |
Long-term debt |  |  |  |  |
Long-term debt | $ 495,000,000 |  |  |  | 495,000,000
Debt instrument stated interest rate | 4.375% | 4.375% |  |  |
Debt instrument face value | $ 500,000,000 |  |  |  |
Term Loan | Term loan facilities, finance leases and other |  |  |  |  |
Long-term debt |  |  |  |  |
Long-term debt | $ 48,000,000 |  |  |  | $ 53,000,000

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